The American-based Riot Blockchain mined 318 BTC in July - 28% less than in June.
It is worth noting, though, that last month Riot sold 275 BTC, generating profits of around $5.6 million . In June, it parted with 300 coins.
In addition, the firm earned around $9.5 million in credits last month due to the warm-front and the halted operations at the Texas facilities. Not long ago, Riot started moving all of its miners located in Massena, New York, to Texas. The transition is justified by the fact that regulators and lawmakers in the “Lone Star State” have displayed a crypto-friendly stance over the past months. At the same time, electricity prices there are much cheaper than in other regions in the USA.Speaking of the pro-crypto environment in the southern state, it is worth mentioning the city of Fort Worth.
She appreciated the contribution, assuring that the city will decide whether to invest real cash into the mining endeavor after an assessment that will occur later in 2022.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Riot Blockchain Mined 28% Less Bitcoin in July as Heat Wave Cut Power SupplyOne of the largest bitcoin miners, RiotBlockchain, mined 28% fewer bitcoins in July, but gained $9.5 million in power credits. Reports Aoyon_A.
Weiterlesen »
Riot mined 28% less bitcoin in July and earned $9.5 million in power creditsRiot's bitcoin production fell in July as it powered down amid extreme temperatures in Texas. However, the miner earned $9.5 million in power credits.
Weiterlesen »
Riot Blockchain's Bitcoin mining productivity dropped 28% YOY amid record Texas heatCrypto miner Blockchain Riot declared they produced less Bitcoin in July 2022 as a result of reducing their power demand. The firm stated they 'voluntarily curtailed its energy consumption to ensure that more power would be available in Texas'.
Weiterlesen »
Canton man involved in Capitol riot pleads guilty to felony chargeJohn Wright, 55, of Canton, Ohio, faces a maximum sentence of 20 years in prison after he pleaded guilty in Washington, D.C., to obstruction of an official proceeding.
Weiterlesen »
Riot Blockchain Mined 28% Less Bitcoin in July as Heat Wave Cut Power SupplyOne of the largest bitcoin miners, RiotBlockchain, mined 28% fewer bitcoins in July, but gained $9.5 million in power credits. Reports Aoyon_A.
Weiterlesen »